Zoe Oneal
2021-10-26
faldduE
Skilled2021-10-27Added 109 answers
Step 1
Idea and motivation
A rule that instructs you on how to compute an estimate based on a sample is known as an estimator.
The set of all potential values is referred to as the parameter space.
Unbiasedness: An estimator is said to be an unbiased estimator of if for all
Baisedness: An estimator is said to be an unbiased estimator of if for all
Fundamentals
The sample mean formula is,
The sample variance equation is,
The formula for standard deviation is,
Step 2
The median, ranges, and standard deviation are biased estimators based on the sample's known information.
Unbiased estimates of the parameters of the population are provided by the sample mean, variance, and proportion.
Step 2
From the known information and . Therefore, sample mean, variance, and proportion are the unbiased estimators.
To calculate population variance, one uses sample variance.
used to calculate the sample proportion of the population.
To calculate the population mean, utilize the sample mean.
An objective estimate of population variance is the sample variance. Both the sample proportion and the sample mean are unbiased estimates of the population's proportion and mean, respectively.
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